"Cash for Clunkers" Deadline Extended

Dealers get until noon Tuesday to file paperwork

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Time and money are running out for people to turn in their old cars for thousands of dollars.

Dealers scrambling to file their paperwork before the "Cash for Clunkers" program ends have been given a reprieve by the Department of Transportation, who today extended the deadline to turn in paperwork until noon Tuesday.

Deals must still be made by 8 p.m. Monday, the DoT said -- but dealers have an extra half-day to file their rebates.

The $3 billion program wound down over the weekend as potential buyers flooded dealerships looking to scrap gas guzzling older models and buy new, more fuel efficient cars.